Monday, June 20, 2011

Bursa derivatives' CPO futures open interest hits record high

KUALA LUMPUR: BURSA MALAYSIA BHD [] said the open interest for crude palm oil futures (FCPO) on Bursa Malaysia Derivatives hit an all-time high of 115,257 contracts on Monday, June 20.

It said the contracts surpassed the previous open interest record of 113,415 contracts on June 10.

'This is due to stronger interest in FCPO contracts by local and international traders; and increasing hedging activities in the FCPO market,' it said.

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